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<p>Producer club, OPEC, its allies and Russia have agreed to mildly increase oil supply by 500, 000 barrels per day beginning from January 2021. Expert say the group took a more diplomatic approach in reaching its decision. What does this mean for oil producing economies like Nigeria? Uchenna Minnis, Managing Partner at WST Markets joins CNBC Africa for more.</p>


OPEC+ agrees to ramp up production by 500

OPEC+ agrees to ramp up production by 500,000 bpd from January

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<p>Rwanda has an aim of increasing her annual receipts to $800 million from tourism and entertainment by 2024. This goal has called for a need to diversify the sector and in spite of the pandemic, a new addition has been added to the growing industry. The Kigali Cultural Village is this latest venture and CNBC’S Africa Zwena Bachoo attended its opening and filed this report.</p>


The economics of entertainment

The economics of entertainment, a look at Kigali’s latest addition

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<p>Retail operator Artee Group, the owners of the SPAR license for Nigeria have reopened the Lekki outlet that was vandalised by hoodlums on the 21st of October as part of the fallout of the #EndSARS protests. Haresh Keswani, CEO of Artee Group speaks to CNBC Africa’s Kenneth Igbomor on the opportunities in Nigeria’s Retail space.</p>


#EndSARS: Spar reopens Lekki outlet one month after vandalism

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<p>The Lagos State Commissioner for Health, Akin Abayomi says the state’s COVID-19 response was very data-driven adding that the state government already had in place a digital platform to manage the outbreak of the pandemic prior to the first index case on its shores. He tells CNBC Africa’s Esther Awoniyi more on the importance of technology to the healthcare system.</p>


How Lagos State is deploying tech to manage COVID-19

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<p>According to a recent survey of 50 African asset-managers; governance, good regulation and the availability of market data play fundamental roles in investment decision making. Optimally functioning African capital markets are crucial in driving investment flows into the continent. Thapelo Tsheole, CEO of the Botswana Stock Exchange &#038; Deputy President of African Securities Exchanges Association joins CNBC Africa for more.</p>


ASEA’s Thapelo Tsheole on how to unlock Pan-African investment flows

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<p>Ellies has returned to profit, reporting a jump of 181.6 per cent in headline earnings per share in the interim. This is from a headline loss per share of 2.91 cents.</p>


Ellies returns to profitability in difficult environment

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<p>To bolster Africa free trade and promote the tourism sector that is reeling from the adverse effects of the pandemic, some African countries are deliberating on merging their national carriers to take advantage of economies of scale and make them competitive in the global market. How achievable is this? Derek Nseko, MD IFLY Aviation spoke to CNBC Africa for more.</p>


IFLY Aviation: Why Africa’s national carriers should consider merging to boost aviation

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<p>Civil Society Organizations contributed over $196 million to Rwanda&#8217;s economy during the 2018-2019 financial year, according to a recent report. Dr. Joseph Nkurunziza, Chairperson, Board of Directors of Rwanda Civil Society Platform spoke to CNBC Africa for more.</p>


How CSOs are playing a pivotal role in Rwanda’s development

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<p>The United Nations Children&#8217;s Fund has called on all governments to protect, sustain and accelerate progress in fighting childhood HIV. UNICEF also says that about 15 per cent of Global Aids-related deaths in children and adolescents occurs in Nigeria. Dr Idris Baba, HIV and AIDS Specialist at UNICEF Nigeria and Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa’s Kenneth Igbomor for more.</p>


UNICEF: Almost 15% of global AIDS-related deaths in children

UNICEF: Almost 15% of global AIDS-related deaths in children, adolescents occur in Nigeria

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<p>As part of efforts to generate revenue, the Nigerian government says it plans to approach the Eurobond market in 2021. Dayo Amzat, Managing Director and CEO of Zedcrest Capital joins CNBC Africa’s Kenneth Igbomor to discuss Nigeria’s revenue options for funding its 2021 budget.</p>


Finmin Ahmed: Nigeria to explore Eurobond market to fund 2021 budget

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<p>CNBC.com&#8217;s MacKenzie Sigalos brings you the day&#8217;s top business news headlines. On today&#8217;s show, CNBC&#8217;s Ylan Mui reports that a Covid-19 vaccine could be cleared for emergency use and shipped out before many states have the money necessary to distribute it to their residents. Plus, CNBC.com&#8217;s Ari Levy breaks down how Salesforce&#8217;s $27.7 billion Slack acquisition deepens its rivalry with enterprise tech powerhouse Microsoft.</p>
<p>00:00 &#8212; Intro<br />
0:44 &#8212; Stocks finish mixed, Nasdaq posts record close<br />
2:10 &#8212; States need more money from Washington to roll out Covid-19 vaccine<br />
3:28 &#8212; CNBC Soundcheck<br />
4:53 &#8212; Salesforce eyes Microsoft<br />
8:20 &#8212; Numbers Round&#8230;</p>


Covid Vaccine Race Has U.S. States Scrambling For Funding: CNBC After Hours

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<p>Hydrogen is a clean-burning molecule, meaning that it can help to decarbonize a range of sectors that have proved hard to clean up in the past. But today, most hydrogen is produced from CO2-emitting fossil fuels. Hydrogen produced from renewable electricity, known as green hydrogen, could be the solution to cutting our carbon footprint. But first, it must overcome a number of challenges.</p>
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How Green Hydrogen Could Be Key To A Carbon-Free Future

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<p>In October, the Government Employees Pension Fund appointed Musa Mabesa as its new Principal Executive Officer.</p>


GEPF outlines its investment strategy

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<p>Alexander Forbes has reported a 6 per cent improvement in headline earnings per share from continuing operations. Assets under administration and assets under management rose 3 per cent year-on-year, owing to higher market returns and an increase in new business flows. Alexander Forbes CEO, Dawie de Villiers joins CNBC Africa for more.</p>


Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

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<p>Soon after the COVID-19 outbreak, companies across Africa teamed up to assist their communities, through innovation and collaboration. If there is a silver lining to this health emergency, it is that African science and industry have proven that they can deliver local solutions for local needs. Sanda Ojiambo, CEO of the United Nations Global Compact joins CNBC Africa for more.</p>


Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

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<p>Oceana has reported a 15 per cent rise in headline earnings per share. This is for the year ended September. The company has declared a final dividend of 293 cents, up 22 per cent from last year. Joining CNBC Africa for more is Imraan Soomra, CEO of Oceana.</p>


Oceana reports 15% increase in headline earnings

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<p>Tourism has been most hit by the COVID-19 pandemic with a country like Kenya seeing tourists traffic dwindle by as much as 72 per cent but this has not stopped global hospitality chain CG Holdings to make entry into the country. So, one would ask why now? Rahul Chaudray, CEO of CG Hospitality Holdings spoke to CNBC Africa for more.</p>


Newsletter

OPEC+ agrees to ramp up production by 500,000 bpd from January

The economics of entertainment, a look at Kigali’s latest addition

#EndSARS: Spar reopens Lekki outlet one month after vandalism

How Lagos State is deploying tech to manage COVID-19

ASEA’s Thapelo Tsheole on how to unlock Pan-African investment flows

Ellies returns to profitability in difficult environment

IFLY Aviation: Why Africa’s national carriers should consider merging to boost aviation

How CSOs are playing a pivotal role in Rwanda’s development

UNICEF: Almost 15% of global AIDS-related deaths in children, adolescents occur in Nigeria

Finmin Ahmed: Nigeria to explore Eurobond market to fund 2021 budget

Covid Vaccine Race Has U.S. States Scrambling For Funding: CNBC After Hours

How Green Hydrogen Could Be Key To A Carbon-Free Future

GEPF outlines its investment strategy

Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

Oceana reports 15% increase in headline earnings

CG Hospitality CEO Rahul Chaudray on decision to enter Kenyan market

News Tips

Advertise With Us

Newsletter

OPEC+ agrees to ramp up production by 500,000 bpd from January

The economics of entertainment, a look at Kigali’s latest addition

#EndSARS: Spar reopens Lekki outlet one month after vandalism

How Lagos State is deploying tech to manage COVID-19

ASEA’s Thapelo Tsheole on how to unlock Pan-African investment flows

Ellies returns to profitability in difficult environment

IFLY Aviation: Why Africa’s national carriers should consider merging to boost aviation

How CSOs are playing a pivotal role in Rwanda’s development

UNICEF: Almost 15% of global AIDS-related deaths in children, adolescents occur in Nigeria

Finmin Ahmed: Nigeria to explore Eurobond market to fund 2021 budget

Covid Vaccine Race Has U.S. States Scrambling For Funding: CNBC After Hours

How Green Hydrogen Could Be Key To A Carbon-Free Future

GEPF outlines its investment strategy

Alexander Forbes CEO Dawie de Villiers explains how the virus has impacted the group

Sanda Ojiambo on how African businesses can emerge stronger from COVID-19 crisis

Oceana reports 15% increase in headline earnings

CG Hospitality CEO Rahul Chaudray on decision to enter Kenyan market

News Tips

Advertise With Us

Newsletters